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Latest News

  • Business

    Why There Is An Increase In Tech Talent Coming From Africa

    tech talent By Staff, 9:37 am

    When Tolulope Komolafe first heard the pitch, she was skeptical. A fledgling company in Lagos, Nigeria, would pay her to learn how to write modern computer code and then offer her a good job in the high-tech economy. After inquiring, Komolafe found the offer was real. Today, she is a software developer and she dreams of starting her own tech company someday. Komolafe, a 27-year-old Nigerian, is one of hundreds of young Africans who have joined Andela, a fast-growing start-up based in New York.

  • Business

    A Look At The Future Of Music And Technology In Africa

    music By Staff, 9:14 am

    The advent of the Internet and the exponential development of new technologies have drastically changed our lives.For the music industry, especially in Africa, the Internet has brought with it a deep and progressive change that is affecting every aspect of the sector. Are these current and future developments beneficial to all the actors in the industry, especially musicians? And what are the prospects for African music-makers,promoters, broadcasters and consumers in light of these technologies?

  • Business

    African Tech Startups You Need To Know

    tech startup By Staff, 8:47 am

    Africa is on fire. That has nothing to do with climate change, but with investor interest and technology momentum. Life expectancy in Africa increased eight years and this burst of life is being replicated in its tech ecosystems.From Cairo to Kigali, Cape Town to Lagos, Nairobi to Accra and Kampala to Dakar, tech hubs are rising faster than the cities that contain them. African software company Andela raised $40 million to connect Africa’s engineering talent into the global technology ecosystem.

  • Business

    New Tech Company Makes Johannesburg Stock Exchange Debut

    4Sight Holdings makes Johannesburg Stock Exchange debut. Photo - ITWeb By Peter Pedroncelli, 5:56 am

    New data technology company 4Sight Holdings made their debut on the Johannesburg Stock Exchange (JSE) this week. Tech company 4Sight Holdings officially listed on the JSE’s Alternative Exchange (AltX) on Thursday, 19 October 2017. This is the first new tech listing on the South African bourse in almost three years. The last IT-related tech listing on the South African exchange was services sector company Cartrack in December 2014.

  • Business

    Airbnb Investing $1M In African Tourism Projects To Empower Communities

    Stylish Cape Town apartment listed on Airbnb. Photo: airbnb - Tourism projects By Peter Pedroncelli, 4:50 am

    Airbnb has made a commitment to invest $1 million in community-led tourism projects across the African continent over the course of the next few years. Airbnb, the mobile app-based hospitality booking site which allows people to make their homes or spare rooms available to visiting guests for a fee, will invest $1 million in community-based African tourism projects between 2018 and 2020.

  • Business

    Uber To Invest $20M In Egypt Support Center Over The Next Five Years

    Uber To Invest $20M In Egypt Support Center Over The Next Five Years By Peter Pedroncelli, 5:13 am

    Uber is committing itself to the Egyptian market despite economic difficulties in the country, announcing a new support center in the capital that will see an investment of $5 million. The taxi-hailing startup has launched a support center in Cairo, with $5 million set to be spent on the project over the next five years, creating employment for 700 Egyptians as a result. Uber had two million users and provided jobs for 60,000 drivers in Egypt last year.

  • Business

    South African Bank FNB Recognized As Africa’s Most Innovative Bank

    Dot FNB branches - First National Bank By Peter Pedroncelli, 6:17 am

    Major South African banking institution, First National Bank (FNB), has been named as Africa’s most innovative bank at the 2017 African FinTech Awards for the second consecutive year. The bank was awarded the The Most Innovative African Bank accolade at this year’s African FinTech Awards in Johannesburg, recognizing FNB as a bank that is at the forefront of innovation.

  • Business

    Seychelles Announces ‘Smart Energy in Public Spaces’ Clean Energy Plan

    smart energy By Staff, 8:08 am

    A new program in Seychelles focusing on energy efficiency in state buildings and street lighting will soon launch. Called ‘Smart Energy in Public Spaces,’ the new program will include the installation of 10,000 LED streets lamps by 2020 across the three main islands of Seychelles. “The same program will also provide all the public schools with solar photovoltaic panels and other accessories for them to meet the schools’ energy needs,” said the Minister of Environment, Energy and Climate Change.

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